Housing Market Analysis for VERNE DRIVE, MK45 2PS

Are you looking to understand MK45 2PS house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Central Bedfordshire postcode.

For the location information and nearby amenities in the MK45 2PS area, explore the MK45 2PS Area information page.
For comprehensive crime statistics in the MK45 2PS area, explore the MK45 2PS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK45 2PS postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £357,100 median price is £337,000 Standard Deviation is £162,080 with Total Sold: 5
- The Last 5 Year average price is £600,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15 VERNE DRIVE: £600,000 (Sold on 26 Oct 2022)
- The first recorded sale happened at this postcode is 15 VERNE DRIVE: £185,000 (Sold on 14 Dec 2001)
Detached
- The average price is around £345,633 median price is £340,000 Standard Deviation is £172,790 with Total Sold: 15
- The Last 5 Year average price is £685,000 with Total Sold: 2
- The most recent sale happened at this postcode is 23 VERNE DRIVE: £795,000 (Sold on 05 Aug 2022)
- The first recorded sale happened at this postcode is 2 VERNE DRIVE: £138,000 (Sold on 20 Jul 1995)
Terraced
- The average price is around £228,235 median price is £237,475 Standard Deviation is £101,467 with Total Sold: 18
- The Last 5 Year average price is £314,333 with Total Sold: 3
- The most recent sale happened at this postcode is 22 VERNE DRIVE: £290,000 (Sold on 24 Sep 2021)
- The first recorded sale happened at this postcode is 32 VERNE DRIVE: £41,000 (Sold on 26 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK45 2PS house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£600,000	£4,688	1
2018	£475,000	£3,626	1
2007	£337,000	£2,735	1
2002	£188,500	£1,102	1
2001	£185,000	£1,445	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£795,000	£5,933	1
2021	£575,000	£3,859	1
2015	£465,000	£4,266	1
2014	£392,000	£4,506	1
2013	£357,500	£3,178	2
2012	£353,000	£2,865	1
2011	£435,000	£3,246	1
2005	£320,000	£2,148	1
2003	£307,500	£2,064	1
1999	£193,250	£1,312	2
1998	£169,995		1
1995	£135,250	£920	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£314,333	£4,125	3
2017	£299,995	£3,896	1
2016	£440,000	£4,112	1
2015	£257,486	£3,017	4
2011	£341,300	£2,090	1
2007	£181,000	£2,291	1
2006	£174,248	£2,235	2
2005	£151,750	£1,945	2
2002	£110,000		1
1999	£69,995	£886	1
1996	£41,000		1

All the Sales in the VERNE DRIVE, MK45 2PS

See the table below for more details on the sold house prices in the MK45 2PS, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
15 VERNE DRIVESemi-Detached, FreeholdArea: 128 Sq.mtrAge: 1950-1966	26 Oct 2022	£600,000	224.32%
	14 Dec 2001	£185,000	First Sale
23 VERNE DRIVEDetached, FreeholdArea: 134 Sq.mtrAge: 1967-1975	05 Aug 2022	£795,000	82.76%
	14 Feb 2011	£435,000	First Sale
22 VERNE DRIVETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	24 Sep 2021	£290,000	7.41%
	18 Dec 2015	£269,995	49.17%
	26 Sep 2007	£181,000	158.59%
	10 Jun 1999	£69,995	First Sale
40 VERNE DRIVETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	09 Apr 2021	£315,000	36.99%
	05 Jan 2015	£229,950	First Sale
36 VERNE DRIVETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	31 Mar 2021	£338,000	12.67%
	17 Aug 2017	£299,995	22.45%
	22 May 2015	£245,000	37.25%
	26 Jul 2006	£178,500	20.61%
	15 Jul 2005	£148,000	First Sale
27 VERNE DRIVEDetached, FreeholdArea: 149 Sq.mtrAge: 1967-1975	28 Jan 2021	£575,000	79.69%
	15 Dec 2005	£320,000	4.07%
	11 Jul 2003	£307,500	First Sale
1 VERNE DRIVESemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1950-1966	20 Jul 2018	£475,000	First Sale
11 VERNE DRIVETerraced, FreeholdArea: 107 Sq.mtrAge: 1950-1966	06 Sep 2016	£440,000	First Sale
19 VERNE DRIVEDetached, FreeholdArea: 109 Sq.mtrAge: 1967-1975	25 Sep 2015	£465,000	First Sale
26 VERNE DRIVETerraced, FreeholdArea: 123 Sq.mtrAge: 1967-1975	07 Apr 2015	£285,000	First Sale
31 VERNE DRIVEDetached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	17 Dec 2014	£392,000	First Sale
16 VERNE DRIVEDetached, FreeholdArea: 118 Sq.mtrAge: 1967-1975	01 Jul 2013	£375,000	First Sale
6 VERNE DRIVEDetached, Freehold	11 Jan 2013	£340,000	First Sale
13 VERNE DRIVEDetached, FreeholdArea: 123.22 Sq.mtrAge: 1950-1966	19 Apr 2012	£353,000	4.75%
	17 May 2007	£337,000	First Sale
7 VERNE DRIVETerraced, FreeholdArea: 163.34 Sq.mtrAge: 1950-1966	15 Sep 2011	£341,300	First Sale
24 VERNE DRIVETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	25 Jul 2006	£169,995	9.32%
	09 Aug 2005	£155,500	First Sale
32 VERNE DRIVETerraced, Freehold	07 Jun 2002	£110,000	168.29%
32 VERNE DRIVETerraced, Freehold	26 Mar 1996	£41,000	First Sale
3 VERNE DRIVESemi-Detached, FreeholdArea: 171 Sq.mtrAge: 1950-1966	05 Apr 2002	£188,500	First Sale
35 VERNE DRIVEDetached, Freehold	05 Aug 1999	£197,500	First Sale
10 VERNE DRIVEDetached, FreeholdArea: 144 Sq.mtrAge: 1967-1975	11 Jan 1999	£189,000	42.64%
	28 Jul 1995	£132,500	First Sale
14 VERNE DRIVEDetached, Freehold	12 Oct 1998	£169,995	First Sale
2 VERNE DRIVEDetached, Freehold	20 Jul 1995	£138,000	First Sale

Check out the sold house prices near the MK45 2PS postcode. Properties currently for saleProperties currently for rent

VERNE DRIVE, MK45 2PS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK45 2PS postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the MK45 2PS postcode.

Semi-Detached
- The average price is around £221,064 median price is £193,500 Standard Deviation is £140,238 with Total Sold: 550
- The Last 5 Year average price is £404,334 with Total Sold: 69
- The most recent sale happened at this postcode is , 31 CHURCH STREET: £657,500 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 114 AILESBURY ROAD: £65,500 (Sold on 27 Jan 1995)
Terraced
- The average price is around £185,882 median price is £162,000 Standard Deviation is £134,082 with Total Sold: 842
- The Last 5 Year average price is £341,408 with Total Sold: 110
- The most recent sale happened at this postcode is , 58 WINGATE DRIVE: £367,500 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 1A NEOTSBURY ROAD: £48,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £130,268 median price is £122,500 Standard Deviation is £71,626 with Total Sold: 253
- The Last 5 Year average price is £232,297 with Total Sold: 37
- The most recent sale happened at this postcode is 3, OXLET HOUSE BEDFORD STREET: £230,000 (Sold on 03 Jun 2024)
- The first recorded sale happened at this postcode is , 12 KATHERINES COURT: £39,995 (Sold on 28 Feb 1995)
Other
- The average price is around £589,434 median price is £410,000 Standard Deviation is £761,011 with Total Sold: 31
- The Last 5 Year average price is £693,402 with Total Sold: 21
- The most recent sale happened at this postcode is , 9 WOBURN STREET: £320,000 (Sold on 01 May 2024)
- The first recorded sale happened at this postcode is FLAT 2, ARAGON COURT KATHERINES GARDEN: £20,000 (Sold on 04 Aug 2015)
Detached
- The average price is around £289,460 median price is £250,000 Standard Deviation is £194,139 with Total Sold: 596
- The Last 5 Year average price is £582,783 with Total Sold: 69
- The most recent sale happened at this postcode is , 46 WINGATE DRIVE: £395,000 (Sold on 04 Apr 2024)
- The first recorded sale happened at this postcode is , 8 BAKER STREET: £96,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£458,125	£5,588	4
2023	£402,350	£4,966	16
2022	£495,556	£4,779	9
2021	£407,950	£4,368	15
2020	£366,900	£4,161	10
2019	£358,711	£4,143	15
2018	£328,500	£4,151	15
2017	£330,338	£3,886	23
2016	£313,307	£3,712	26
2015	£384,208	£3,474	19
2014	£300,272	£2,909	22
2013	£241,615	£2,703	13
2012	£208,500	£2,717	7
2011	£312,304	£2,640	13
2010	£253,100	£2,494	15
2009	£228,875	£2,275	12
2008	£232,750	£2,656	12
2007	£253,497	£2,499	19
2006	£204,377	£2,856	26
2005	£210,559	£2,359	24
2004	£211,181	£2,457	22
2003	£188,036	£2,180	14
2002	£153,905	£1,559	21
2001	£121,824	£1,540	21
2000	£111,798	£1,239	24
1999	£99,493	£1,030	24
1998	£75,074	£978	25
1997	£73,423	£866	23
1996	£73,498	£770	28
1995	£65,617	£799	33

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£329,350	£4,958	10
2023	£355,545	£5,334	11
2022	£417,306	£4,537	18
2021	£316,163	£4,381	33
2020	£257,038	£4,056	13
2019	£362,560	£3,969	25
2018	£291,375	£3,997	18
2017	£363,318	£4,617	22
2016	£341,470	£3,665	40
2015	£263,768	£3,445	30
2014	£217,786	£3,291	32
2013	£220,610	£2,584	20
2012	£218,842	£2,656	19
2011	£163,278	£2,350	28
2010	£216,086	£2,833	29
2009	£154,150	£2,416	20
2008	£205,083	£2,904	18
2007	£178,185	£2,884	24
2006	£185,369	£2,505	42
2005	£178,848	£2,673	20
2004	£179,106	£2,495	37
2003	£148,746	£2,298	39
2002	£136,224	£1,930	31
2001	£99,042	£1,447	32
2000	£90,661	£1,429	36
1999	£71,723	£1,075	39
1998	£73,808	£963	44
1997	£57,857	£871	41
1996	£54,894	£790	29
1995	£53,920	£836	42

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,000		2
2023	£212,167	£4,450	6
2022	£232,583	£3,903	6
2021	£247,667	£3,690	9
2020	£236,856	£3,502	7
2019	£215,643	£3,341	7
2018	£190,000	£3,155	6
2017	£166,286	£3,667	7
2016	£188,041	£3,276	11
2015	£190,322	£2,965	20
2014	£119,875	£2,523	8
2013	£120,083	£2,190	6
2012	£126,938	£2,333	8
2011	£122,136	£2,163	11
2010	£129,286	£2,204	7
2009	£94,300	£2,046	5
2008	£155,325	£2,720	6
2007	£129,438	£2,423	14
2006	£129,250	£2,197	12
2005	£119,500	£2,239	4
2004	£120,278	£1,755	9
2003	£106,850	£1,993	10
2002	£73,466	£1,600	12
2001	£68,627	£1,362	11
2000	£60,943	£1,052	9
1999	£44,314	£862	7
1998	£40,162	£809	16
1997	£42,750	£778	6
1996	£41,000	£721	4
1995	£40,928	£834	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,000		2
2023	£1,334,494	£26	4
2022	£777,000	£4,327	5
2021	£618,325	£7,085	3
2020	£912,500		2
2019	£245,700	£3,194	5
2018	£308,000		4
2017	£668,333	£4,789	3
2016	£227,000		2
2015	£20,000	£403	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,072,500		2
2023	£584,909	£4,820	11
2022	£702,500	£5,887	14
2021	£590,077	£4,216	13
2020	£492,967	£4,253	15
2019	£480,893	£3,977	14
2018	£467,806	£3,766	16
2017	£446,400	£5,195	5
2016	£484,430	£3,445	10
2015	£423,025	£3,771	19
2014	£367,740	£3,381	20
2013	£362,158	£3,112	19
2012	£316,970	£2,778	17
2011	£372,807	£2,696	13
2010	£399,510	£2,636	13
2009	£343,200	£3,094	10
2008	£357,206	£2,773	17
2007	£359,193	£2,870	25
2006	£284,665	£2,915	30
2005	£309,148	£2,601	24
2004	£318,340	£2,620	22
2003	£254,642	£2,221	14
2002	£219,777	£1,765	18
2001	£197,180	£1,706	23
2000	£167,021	£1,358	24
1999	£131,064	£1,368	34
1998	£136,320	£1,186	32
1997	£113,398	£863	27
1996	£108,121	£1,078	23
1995	£113,389	£884	72

House Type in MK45 2PS area

The most common house types in the MK45 2PS postcode area are Detached (112), Terraced (16), and Semi-detached (10).

Total	138
Detached	112
Terraced	16
Semi-detached	10
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (88), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	88
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the MK45 2PS have 2 people in household (63), and 4 people in household (25).

2 people in household	63
4 people in household	25
1 person in household	20
3 people in household	20
5 people in household	9
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0